GEMCO AS

1593 SVINNDAL

Finances

Share Ownership

Return on Equity

8,12 %

Current Ratio

4,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	286 000	154 000	311 000	84 000
Net Income	19 000	3 000	34 000	4 000
Total Assets	300 000	253 000	254 000	184 000
Total Equity	234 000	214 000	211 000	177 000

Income (NOK)	2022	2021	2020	2019
Revenue	286 000	154 000	311 000	84 000
Expenditure	259 000	150 000	267 000	80 000
Operating Profit	27 000	4 000	44 000	4 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	27 000	4 000	44 000	4 000
Tax	8 000	1 000	10 000	0
Net Income	19 000	3 000	34 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	300 000	253 000	254 000	184 000
Total Assets	300 000	253 000	254 000	184 000
Total Retained Equity	0	0	0	0
Total Equity	234 000	214 000	211 000	177 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	66 000	38 000	43 000	8 000
Total Equity and Debt	300 000	253 000	254 000	184 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	286 000	154 000	311 000	84 000
Other Income	0	0	0	0
Revenue	286 000	154 000	311 000	84 000
Cost of Goods Sold	205 000	0	189 000	77 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	259 000	150 000	267 000	80 000
Operating Profit	27 000	4 000	44 000	4 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	19 000	3 000	34 000	4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	124 000	0	0	136 000
Total Investments	0	0	0	0
Cash, Bank	23 000	116 000	2 000	0
Total Current Assets	300 000	253 000	254 000	184 000
Total Assets	300 000	253 000	254 000	184 000
Total Equity	234 000	214 000	211 000	177 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	16 000	0
Unpaid Taxes	58 000	38 000	17 000	7 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	66 000	38 000	43 000	8 000
Total Equity and Debt	300 000	253 000	254 000	184 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,12 %	1,4 %	16,11 %	2,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,44 %	2,6 %	14,15 %	4,76 %
Current Ratio	4,55	6,66	5,91	23
Quick Ratio	−5,17	6,66	5,91	−1,44
Equity Ratio	0,78	0,85	0,83	0,96
Gross Profit Margin	28,32 %	100 %	39,23 %	8,33 %